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Net30 from purchase date or received date?



 
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Old March 4th, 2008 Mar 4, 2008 10:08:45 AM -   #1 (permalink)
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Default Net30 from purchase date or received date?

Hey everyone,

When writing the terms for payment on my order form for a retail store, how do you word the net30 agreement? Is it 30 days from purchase or 30 days from when they receive the goods?

Sorry for such a "rookie" question. I've been selling online for a few months and now I'm pitching to stores. All new stuff for me. I need a good book recommendation for sales terms and techniques.

Thanks as always! Kelly
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Old March 4th, 2008 Mar 4, 2008 5:42:59 PM -   #2 (permalink)
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Default Re: Net30 from purchase date or received date?

The client that i have that are net 30. its net 30 from the time of delievery..
donno if thats how everyone does it.. but how i do.
 
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Old March 4th, 2008 Mar 4, 2008 6:21:10 PM -   #3 (permalink)
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Default Re: Net30 from purchase date or received date?

I think that it would have to be from delivery date. There will be some large orders or mishaps with certain orders that may make it 30 days before the order is delivered.
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Old March 4th, 2008 Mar 4, 2008 6:21:47 PM -   #4 (permalink)
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Default Re: Net30 from purchase date or received date?

Susan is correct. It's 30 days from the date they receive the goods.
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Old March 9th, 2008 Mar 9, 2008 10:26:21 PM -   #5 (permalink)
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Default Re: Net30 from purchase date or received date?

Agreed...30 day from time of delivery. In alot of cases, it is when they will pay their other 50% if they haven't paid for the entire order up front.
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